Temasek CEO ‘Ideally’ Singaporean, Government Says

Bloomberg.com, 18 Aug 2009
Aug. 18 (Bloomberg) -- Temasek Holdings Pte’s chief executive officer should “ideally” be Singaporean, the city- state’s finance minister said after the departure last month of U.S.-born Charles “Chip” Goodyear.
Temasek’s board of directors must remain in the control of Singaporeans, Tharman Shanmugaratnam said in Parliament today, adding that the government “would prefer not to restrict” the investment company in its choice of CEO candidate. Goodyear, who would’ve been the first foreign-born CEO of the state-owned investor, quit five months after Temasek named him to take the helm from current chief Ho Ching.
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Official: Ideal for Singaporean to Head Temasek - The Wall Street Journal